Why are Zcash [ZEC] holders worried, given the growth in size of blockchain
Concerns about a potential spam attack have arisen as a result of the unexpected growth in the size of theJameson Lopp, co-founder, and CTO of Bitcoin storage business Casa brought this to light in aWhat does this mean?, at block height 1832666, Zcash miners confirmed a block containing four shielded transaction outputs.
The Zcash blockchain grew in size as a result of the most recent spamming attack. Due to memory and performance concerns with the synchronization of this surge of shielded outputs, nodes have failed as a result. It is unclear why the attack is being launched, but some feel it is an attempt to damage Zcash’s reputation by causing nodes to crash due to memory, performance, and synchronization problems.
When viewed on a daily basis, price action has been mostly rangebound. It was observed that $52.69 was acting as a support line that was holding firm.
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